Let’s focus on two gigantic lies of the Left.
LIE #1: A public “option” will create competition in the insurance marketplace.
That’s a whopper! Here’s why: Suppose you have two companies, Dunkin Donuts (Blue Cross) and Krispy Kreme (Aetna). Imagine what would happen if the government decided to open the “Uncle Sammie’s Super Free Donuts Corp” (Public Option). Keep in mind that in this analogy, Uncle Sammie’s Super Free Donuts Corp gets to set all the rules of the market. They get to dictate how Dunkin Donuts and Krispy Kreme operate.
Donut industry rules of the road:
1) Dunkin Donuts and Krispy Kreme are required to establish a unique corporation in each of the 57 states they operate in.
2) Individual Dunkin Donuts and Krispy Kreme corporations may not share resources between state entities. This means donut mix manufactured in Massachusetts is forbidden to travel to New Hampshire. Each corporate entity must have it’s own unique production and distribution facilities in each state.
3) Dunkin Donuts and Krispy Kreme must serve everyone a donut, regardless of their ability to pay.
4) Dunkin Donuts and Krispy Kreme must serve everyone a cup of coffee, regardless of their ability to pay.
5) Each product of Dunkin Donuts and Krispy Kreme, and its corresponding price, must receive approval from Uncle Sammie’s Super Free Donuts Corp. Approval will only be granted if the products and prices meet standards mandated by Uncle Sammie’s Super Free Donuts Corp.
6) Uncle Sammie’s Super Free Donuts Corp believes that Dunkin Donuts and Krispy Kreme are evil predators who prey on weak, defenseless Americans.
Only interested in selfish profit, these corporations take advantage of the American public’s demand for sweet pastry treats. Uncle Sammie’s Super Free Donuts Corp will therefore live up to its name and fulfill its mission for social donut justice, by not charging for its products. Uncle Sammie’s Super Free Donuts Corp need not worry about the costs associated with making the price of their donuts “super free”, because they are backed by the full faith and credit of U.S. Government (taxpayers).
Just how long will Dunkin Donuts and Krispy Kreme be able to survive in that environment? How good will the donuts be when Uncle Sammie’s Super Free Donuts Corp is the only manufacturer left in town?
Any plan that establishes the Government as “a competitor” for the delivery of health-care services will eventually spell doom for privately provided health insurance in the United States. When one “competitor” can write the rules and set the standards for its competition, and then set the prices for service which that competitor alone can subsidize by printing money with which to pay bills that exceed revenue, and which has unlimited capacity to incur debt (that its customers and all American taxpayers must ultimately pay) there won’t be competition very long. That would be the mother of all anti-trust cases if a private company was ever in a position to do that.
LIE #2 For every dollar the government spends “stimulating” the economy, approximately $1.30 in economic activity is produced, therefore government spending is a net positive.
On it’s face, this is absurd. If someone gives you a dollar, can you take it to the store and magically buy $1.30 in goods? Of course not, unless you put the .30 on credit.
Perhaps that’s what the government is talking about. For every dollar they take from one person and give to someone else, the recipient tends to go out and buy something more expensive than a dollar. The government profits from the taxes on each transaction of that original dollar, which presumably grows as each recipient of that growing dollar spends more than they take in.
That’s sounds great for the government, and horrible for the average consumer who goes further in debt. Thankfully it is BS. When the government takes a dollar away from someone and gives it to someone else, the recipient either spends the 1 dollar, or spends some and saves some.
On the flip side, the person who’s dollar the government is taking stops spending their remaining dollars, because they have no idea how much longer they will be permitted to keep them.